Bitcoin Falls 15% in February, Marking Fifth Straight Monthly Decline
Bitcoin closed February 2026 down 15%, marking its fifth consecutive monthly decline and leaving the asset 48% below its October 2025 all-time high of $126,500. Both January and February ended negative for the first time in the same year, with eToro Crypto Analyst Simon Peters citing rising geopolitical tensions in the Middle East and heightened sensitivity to upcoming US economic data and the Federal Reserve's next rate decision. Altcoin moves were mixed: NEAR jumped 17% last week from $1.009 to $1.184 following NEARCON 2026 announcements including the Near.com SuperApp and a "Confidential Intents" privacy execution layer, while Polkadot (DOT) also climbed 17% as traders anticipated a 14 March supply reduction cutting annual token issuance from about 120 million tokens to 55 million. Institutional adoption continued as Citibank outlined plans to integrate bitcoin into its core banking stack with institutional-grade custody, wallet and compliance services, and Barclays explored a blockchain platform for stablecoin payments and tokenised deposits after taking a stake in US-based digital money clearing system Ubyx.